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JPMorgan Chase cut its BHP stake by 53.5% in Q2, now holding shares worth $10.89 million.
JPMorgan Chase reduced its stake in BHP Group by 53.5% in Q2, holding 226,440 shares worth about $10.89 million by end-June.
BHP, a global mining giant, operates in copper, iron ore, coal, and other commodities.
Its stock traded near $58.38 with a 12-month range of $39.73 to $59.86.
Wall Street maintains a mixed but generally cautious outlook, with a consensus "Hold" rating, citing strong fundamentals and diversification, but concerns over iron ore price declines and macroeconomic pressures.
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JPMorgan Chase redujo su participación en BHP en un 53.5% en el segundo trimestre, ahora posee acciones por valor de $ 10.89 millones.